152, CHAPEL STREET, NELSON, BB9 8EA - £28,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

152 CHAPEL STREET is a very small terraced house of 62m², built sometime between 1900 and 1929, which could now be worth an estimated £68,423. It was last sold for £28,000 in April 2005, which was around 49% below the average April 2005 terraced price in the Pendle local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

152 CHAPEL STREET Sold Prices

Land registry data shows three sales for 152 CHAPEL STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Pendle local authority area for the corresponding sale date. All of the three 152 CHAPEL STREET sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 19 APR	£28,000	£54,422	49% below HPI
2004 26 FEB	£15,000	£38,339	61% below HPI
2002 27 SEP	£12,000	£28,543	58% below HPI

152 CHAPEL STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The three 152 CHAPEL STREET sales between September 2002 and April 2005 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2004 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the April 2005 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 152 CHAPEL STREET be worth now?

152 CHAPEL STREET might now be worth an estimated £68,423.

This is based on house price inflation of 144.4%, between April 2005 and May 2026, for terraced houses, in the Pendle local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 144.4% inflationary increase is applied to the most recent sale price for 152 CHAPEL STREET of £28,000 on 19th April 2005. For the value to have increased from £28,000 to £68,423 over the twenty years and eleven months to May 2026, the following assumptions must hold true:

• The value of 152 CHAPEL STREET has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The April 2005 sale price of £28,000 represented a fair market value for the property.
• The size, condition, and specification of 152 CHAPEL STREET has not materially changed since April 2005.

How Large is 152 CHAPEL STREET?

152 CHAPEL STREET is 62m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of terraced houses in Nelson, based on EPC data. The below chart shows the distribution of terraced houses by size in Nelson, and where 152 CHAPEL STREET lies on this distribution: 7% of terraced houses are smaller than 152 CHAPEL STREET, and 92% of terraced houses are larger. Note that EPC data is not available for all properties in Nelson.

Where is 152 CHAPEL STREET?

152 CHAPEL STREET is located in NELSON, in the BB9 postcode district.